Ohhh it’s that simple.. not the skyrocketing inflation, war, gas prices, lockdowns and trying to survive a recession
by SilverBoatSurfer Source: https://thehustle.co/just-stop-buying-lattes-the-origins-of-a-millennial-housing-myth/
Month: June 2022
‘Bitcoin Jesus’ Roger Ver Spars With Crypto Exchange CoinFlex Over Margin Call
by Boo_Randy Margin calls going out to the crypto True Believers as the end of the digital tulip bulb mania draws near. https://www.bloomberg.com/news/articles/2022-06-28/-bitcoin-jesus-roger-ver-spars-with-exchange-over-margin-call?srnd=premium-middle-east&sref=ibr3A0ff A public dispute between a longtime crypto investor and a digital-asset exchange is the latest in a series of mini-crises that have rocked crypto markets in recent weeks. CoinFlex, a crypto exchange, … Read more
Australian construction contractor FSA Services Group collapses owing $10.6m
by Boo_Randy More housing bubble dominoes toppling in Australia. The wipeout of fake wealth created by fake central bank “money” is going to be downright Biblical when Housing Bubble 2.0 implodes. https://www.news.com.au/finance/business/other-industries/australian-construction-contractor-fsa-services-group-collapses-owing-106m/news-story/ea93d04ce83e7ce81d8beeda58ea2c71 More than a hundred employees have been impacted with the 27-year-old company hit by the crisis in the construction industry.
Wow … Did you know the last time Bank of America raised their dividends during a bear market was in 2007 just moments before the financial crisis?
by SilverBoatSurfer Trying to squeeze some money out before the balance sheet blows up?
And I thought 10% inflation was high …
by SilverBoatSurfer Source: https://watcher47.com/2022/06/lebanon-inflation-rate-climbs-211-and-could-get-even-worse/
Asian Stocks Lose Bounce…
“Asian stocks lose bounce from shorter China quarantine, slip on inflation fears” https://www.investing.com/news/economy/asian-stocks-lose-bounce-from-shorter-china-quarantine-slip-on-inflation-fears-2841979
Two NSW building companies collapse owing hundreds of thousands
by Boo_Randy Soaring costs of labor and materials are causing property developers and homebuilders to go bust. Coming soon to a Fed-blown housing bubble near you. As in 2008, the implosion of Housing Bubble 2.0 will be the catalyst for the next Great Financial Crisis – and this time the central bankers’ have blown their … Read more
The billionaire insiders selling Chinese stocks
Chinese stocks have bounced back recent weeks, however Asia Markets research shows a handful of insiders – including tech billionaires and investment banks – have been aggressively selling into the market rally. An insider selling shares is not what you want at a company you’re invested in. It can often be a sign of bad … Read more